The Board of Lakshmi Automatic Loom Works at its meeting held on 06 December 2017 has accorded their approval to conduct the Postal
Ballot to seek the approval of the Members of the Company by Special
Resolution for buyback of unlisted fully paid-up 2,00,000 - 6% Cumulative Redeemable Preference Shares of Rs.lOO/- each out of 6,00,000 - unlisted fully paid-up 6% Cumulative Redeemable Preference Shares of the Company at face value aggregating to Rs.2 crore
constituting 19.66% of the aggregate paid-up capital and free reserves.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)